In the interview, he highlights lending platforms that are increasing in popularity, the state of the CMBS market and challenges facing the industry.

Overall, Parrett notes that there will be some volatility on the horizon as the Federal Reserve may make decisions that affect the industry, but it’s still a great time to be a borrower and the transaction pipeline is very robust.

“It is an outlier market and if a deal fits a lender’s target parameters, they will make an aggressive loan,” Parrett told IREJ. “The key is marketing each financing opportunity to match up with that ideal lender and structure.”